Pacer Advisors Inc. Sells 500,857 Shares of American Airlines Group Inc. $AAL

Key Points

• Pacer Advisors cut its American Airlines Group stake by 86.5%, selling 500,857 shares during the first quarter and retaining 77,882 shares valued at about $836,000.
• Other institutions increased their positions, while institutional investors collectively own 52.44% of AAL. The stock opened at $15.94, with a 52-week range of $10.09 to $18.79.
• American Airlines beat quarterly earnings expectations with $0.15 EPS versus $0.03 expected and $16.73 billion in revenue, but analysts maintain a consensus “Hold” rating with a $19.03 price target.

Pacer Advisors Inc. cut its holdings in American Airlines Group Inc. (NASDAQ:AAL - Free Report) by 86.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 77,882 shares of the airline's stock after selling 500,857 shares during the quarter. Pacer Advisors Inc.'s holdings in American Airlines Group were worth $836,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE boosted its stake in American Airlines Group by 39.0% during the first quarter. Bank of America Corp DE now owns 2,165,162 shares of the airline's stock worth $23,254,000 after acquiring an additional 608,049 shares in the last quarter. South Dakota Investment Council bought a new position in shares of American Airlines Group during the first quarter valued at approximately $243,000. Amundi bought a new position in shares of American Airlines Group during the first quarter valued at approximately $496,000. California State Teachers Retirement System lifted its holdings in shares of American Airlines Group by 19.0% during the first quarter. California State Teachers Retirement System now owns 216,876 shares of the airline's stock valued at $2,329,000 after purchasing an additional 34,698 shares during the last quarter. Finally, Empowered Funds LLC lifted its holdings in shares of American Airlines Group by 47.4% during the first quarter. Empowered Funds LLC now owns 27,558 shares of the airline's stock valued at $296,000 after purchasing an additional 8,859 shares during the last quarter. 52.44% of the stock is currently owned by institutional investors.

American Airlines Group Stock Performance

NASDAQ AAL opened at $15.94 on Monday. American Airlines Group Inc. has a one year low of $10.09 and a one year high of $18.79. The stock has a 50-day moving average of $15.74 and a 200 day moving average of $13.69. The company has a market capitalization of $10.55 billion, a price-to-earnings ratio of -32.53 and a beta of 1.34.

American Airlines Group (NASDAQ:AAL - Get Free Report) last posted its earnings results on Thursday, July 23rd. The airline reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.12. The business had revenue of $16.73 billion for the quarter, compared to analysts' expectations of $16.70 billion. American Airlines Group had a negative net margin of 0.56% and a negative return on equity of 9.11%. The business's revenue for the quarter was up 16.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.95 EPS. American Airlines Group has set its Q3 2026 guidance at -0.700--0.100 EPS and its FY 2026 guidance at -0.650-0.650 EPS. On average, equities analysts predict that American Airlines Group Inc. will post 0.02 earnings per share for the current fiscal year.

Insider Activity at American Airlines Group

In related news, SVP Angela Owens sold 40,077 shares of the stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $15.26, for a total transaction of $611,575.02. Following the transaction, the senior vice president owned 178,799 shares in the company, valued at $2,728,472.74. This represents a 18.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO David Seymour sold 69,343 shares of the firm's stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $17.00, for a total transaction of $1,178,831.00. Following the completion of the sale, the chief operating officer owned 1,025,489 shares in the company, valued at $17,433,313. This represents a 6.33% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 205,044 shares of company stock valued at $3,407,451 over the last three months. 0.70% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms recently weighed in on AAL. JPMorgan Chase & Co. upped their price target on American Airlines Group from $22.00 to $24.00 and gave the stock an "overweight" rating in a research note on Friday, July 24th. Zacks Research upgraded American Airlines Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 23rd. Melius Research downgraded American Airlines Group from a "buy" rating to a "hold" rating and boosted their target price for the stock from $15.00 to $19.00 in a report on Tuesday, July 7th. Susquehanna increased their target price on American Airlines Group from $16.00 to $25.00 and gave the stock a "positive" rating in a research note on Tuesday, July 7th. Finally, BMO Capital Markets reduced their price target on American Airlines Group from $19.50 to $19.00 and set a "market perform" rating for the company in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $19.03.

About American Airlines Group

American Airlines Group Inc is a leading global airline holding company headquartered in Fort Worth, Texas. Formed in December 2013 through the merger of AMR Corporation (parent of American Airlines) and US Airways Group, the company operates one of the world's largest passenger and cargo networks. Its subsidiaries include American Airlines, which provides mainline service, and American Eagle, a network of regional carriers operating short- and medium-haul routes on behalf of the mainline carrier.

The company offers scheduled air transportation for passengers and cargo to more than 350 destinations in over 50 countries.

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